A Guide to the Seed Enterprise Investment Scheme and SMEs
The Seed Enterprise Investment Scheme offers a superb opportunity for small and medium sized businesses to attract investment. Start-ups and small businesses have found it ever harder to get funding for their ventures since the recession. Traditional means of investment are just not abundant enough. Banks have become increasingly frugal with overdrafts, loans and the money… View Article
SEIS and Family Businesses
SEIS was introduced by Chancellor George Osborne in 2013, to help entrepreneurs find funding for startups and family businesses. More than £85 million in much-needed seed capital has been raised by entrepreneurs during the past three years. In 2014 a bounding 581,000 new startups were registered with Companies House, with London unsurprisingly leading the way… View Article
How Can SEIS Help My Business?
I firmly believe that every new company formed in the UK should consider SEIS as their primary business funding strategy. In my first year as a chartered accountant in London, I processed 15 SEIS applications, saving over half a million pounds in tax. Not a bad year’s work, but there is more to do. When… View Article
Disaster Recovery Accountants (DRA)
When starting out as a firm of chartered accountants in London, I always thought that all of my clients would be new businesses. To a large degree I was right, and therein lies the problem. New businesses typically have the smallest budget, but need the most advice. So what did I do? I found that… View Article